Depends on the load (30,40,50gr,etc). IIRC, for regular 40gr, some test I saw showed about 18-19" as optimal....slightly more barrel burn time than .22lr needs. My guess is that you'd lose somewhere in the 25-100fps range over published velocity, but it probably varies more by rifle or load chosen, than by just length alone. Check "ballistics by the inch" for some testing on the topic.